Metro Catholic Outreach

Analysis

Metro Catholic Outreach is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in October 2023, 3 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Metro Catholic Outreach reported income of $356k and spending of $301k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $346k to $356k (+2.9%), an average of +0.7% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Metro Catholic Outreach sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Nami Northern Virginia ($356k), Sedalia-Pettis County United Way Inc ($356k) and Hopebound Ministries Inc ($356k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $114k (38% of expenses). At year end it held assets of $531k against liabilities of $2,918, net assets of $528k.